Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

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Head:
Mohamad D. Revindo, Ph.D.

International Economics, Microfinance, MSMEs

Business Climate and Global Value Chains (BC-GLOVE)

The research group has a wide-ranging research interests, encompassing various issues in business climate and global value chain area of research. The group has particular research interests in (but not limited to) the following topics:

•⁠ ⁠Micro, small and medium-sized enterprises (MSMEs)
•⁠ ⁠Microfinance
•⁠ ⁠Industrial competitiveness and supply chain
•⁠ ⁠Tourism and creative economy
•⁠ ⁠Investment climate
•⁠ ⁠International trade and global production network

In performing research and consultation, the research group combines traditional economic approach with business perspectives to provide a comprehensive and more implementable policy and managerial recommendations. The group also regularly publish Trade and Industry Brief, a policy brief discussing actual economic issues. Free access to our policy brief https://lpem.org/category/publikasi/policy/perdagangan-dan-industri/?lang=id

Featured Projects

Here are some of the featured publications from this research study:

Project NameClient NameSummary
Bank IndonesiaPenyusunan Modul Penguatan UMKM
Berorientasi Ekspor
Tahun 2022
Bank Indonesia, particularly the Department of SME Development and Consumer Protection, has collaborated with LPEM FEB UI to compile the book “Panduan Persiapan UMKM Go Global: 9 Langkah Terstruktur untuk Go Global dengan Lebih Terencana”. This guide is crafted with the aim of enabling SMEs to leverage the open foreign market opportunities, in line with various international trade agreements that Indonesia holds, be it bilateral, regional, or multilateral.

Stakeholders including central and local governments, activists, academics, and SOEs share the same spirit to elevate SMEs, including fostering their global presence. However, concerted and structured efforts are needed to make the support and assistance from all parties more effective.

From this study, 9 steps for SMEs to Go Global have been formulated:
Step 1. Evaluate readiness and formulate a Globalization plan
Step 2. Solidify export product readiness.
Step 3. Understand and map export destination markets (country mapping)
Step 4. Understand international trade regulations and ethics.
Step 5. Export promotion and marketing
Step 6. Financial management and export financing
Step 7. Legalities and organizational management of export companies
Step 8. Agreements, transactions, and export product delivery
Step 9. Export support and mentoring programs

This study serves as a guide for identifying, selecting, and nurturing SMEs with the potential to engage in exports. Modules within each Step are written in a simple, practical, and easily understandable manner for SME actors who wish to self-learn. These modules are not only useful for SME actors but can also be utilized by mentors, facilitators, and local governments to assist SMEs preparing to enter the global market.

The book can be accessed for free via the following link:
https://drive.google.com/file/d/1vdSS8K2oM_DjAHUaATUnZO51l7uQOugy/view

Past Research Projects

Here are some of the latest publications from this research study:

Working YearsClient NameProject NameWorking Time (In days)
2022Bank IndonesiaPenyusunan Modul Penguatan UMKM Berorientasi Ekspor Tahun 202230
2022Pemerintah Provinsi Sumatera Barat (Dinas Pariwisata)Kajian Data Kepariwisataan dan Survei Profil Wisatawan Sumatera Barat90
2022Badan Kebijakan Fiskal (BKF) Kementerian KeuanganPenyusunan Concept Note Priority Economy Deliverables Agenda Prioritas ASEAN Chairmanship 2023 Jalur Keuangan untuk Agenda Pemulihan Pascapandemi dan Pembangunan Kapasitas Kesehatan Kawasan dan Pembiayaan Infrastruktur4
2022Badan Kebijakan Fiskal (BKF) Kementerian KeuanganPenyusunan Concept Note Priority Economy Deliverables Agenda Prioritas Asean Chairmanship 2023 Jalur Keuangan untuk Agenda Inklusi Keuangan dan Pembiayaan Berkelanjutan4
2022WAVIN INDONESIAAnalisa Dampak Industri Pipa dan Perlengkapannya terhadap Perekonomian60
2022GAPKI (Gabungan Pengusaha Kelapa Sawit Indonesia)Dampak Kebijakan Pengendalian Harga Minyak Goreng Bagi Petani Swadaya60
2022INSA (Indonesia National Shipowners Assosiation)Dampak Ekonomi dan Fiskal dari Industri Pelayaran30
2022GAIKINDOSort Brief-Kajian Kebijakan Industri Kendaraan Bermotor di Indonesia30
2022Kementerian PerdaganganFree Trade Agreement (FTA) Center tahun 2022330
2021PT. Penjamin InfrastrukurAnalisis Realisasi Dampak Ekonomi dan Sosial Proyek Infrastruktur90
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